par value of bond

简明释义

债券票面价值

英英释义

例句

1.The par value of bond 债券面值 is typically $1,000 for most corporate bonds.

大多数公司债券的par value of bond 债券面值 通常为1000美元。

2.Investors often compare the market price to the par value of bond 债券面值 to determine if a bond is a good buy.

投资者通常将市场价格与par value of bond 债券面值进行比较，以确定债券是否值得购买。

3.The par value of bond 债券面值 is the amount that will be paid back to the bondholder at maturity.

债券的par value of bond 债券面值 是到期时将偿还给债券持有人的金额。

4.When issuing new bonds, companies set the par value of bond 债券面值 to attract investors.

在发行新债券时，公司设定par value of bond 债券面值以吸引投资者。

5.A bond trading below its par value of bond 债券面值 is considered to be at a discount.

低于其par value of bond 债券面值 交易的债券被认为是折价的。

作文

The concept of the par value of bond is fundamental in the world of finance and investing. It refers to the face value of a bond, which is the amount that the issuer agrees to pay the bondholder at maturity. Understanding this term is crucial for both investors and issuers, as it plays a significant role in determining the bond's pricing, yield, and overall market behavior.When a company or government issues bonds, they typically do so at a specific par value of bond, often set at $1,000. This means that when the bond matures, the issuer will repay the bondholder $1,000, regardless of the bond's market price at that time. The par value of bond is essential because it establishes the baseline for calculating interest payments, known as coupon payments, which are usually expressed as a percentage of the par value of bond. For example, a bond with a 5% coupon rate and a par value of bond of $1,000 would generate annual interest payments of $50.Investors need to be aware that the market price of a bond can fluctuate based on various factors, including changes in interest rates, credit ratings, and overall market conditions. When interest rates rise, existing bonds with lower coupon rates may trade below their par value of bond, leading to what is known as a discount bond. Conversely, if interest rates fall, bonds with higher coupon rates can trade above their par value of bond, resulting in a premium bond.The relationship between a bond's market price and its par value of bond is crucial for investors looking to maximize their returns. If an investor purchases a bond at a discount, they can benefit from both the coupon payments and the capital appreciation when the bond matures at its par value of bond. On the other hand, purchasing a bond at a premium means that the investor will receive lower overall returns, as they will not recoup the full premium paid when the bond matures.Additionally, the par value of bond is also important for companies and governments issuing debt. It allows them to manage their financing strategies effectively. By issuing bonds at a specific par value of bond, they can predict their future liabilities and ensure they have sufficient cash flow to meet these obligations. This predictability is essential for maintaining investor confidence and ensuring a stable financial environment.In conclusion, understanding the par value of bond is vital for anyone involved in the bond market. It influences how bonds are priced, the interest payments received by investors, and the overall financial strategy of issuers. For investors, recognizing the dynamics between the par value of bond and current market conditions can provide valuable insights into potential investment opportunities and risks. Whether one is a seasoned investor or a newcomer to the bond market, grasping the significance of the par value of bond is a necessary step toward making informed investment decisions.

债券的面值概念在金融和投资领域中至关重要。它指的是债券的票面价值，即发行人同意在到期时支付给债券持有人的金额。理解这个术语对于投资者和发行人来说都至关重要，因为它在确定债券的定价、收益率和整体市场行为方面起着重要作用。当公司或政府发行债券时，通常会以特定的面值进行发行，通常设定为1000美元。这意味着，当债券到期时，发行人将偿还债券持有人1000美元，而不管此时债券的市场价格如何。债券的面值是必要的，因为它为计算利息支付（称为票息支付）奠定了基础，通常以面值的百分比表示。例如，一只票息率为5%、面值为1000美元的债券每年将产生50美元的利息支付。投资者需要意识到，债券的市场价格可能会因多种因素而波动，包括利率变化、信用评级和整体市场状况。当利率上升时，现有的低票息债券可能会低于其面值交易，导致所谓的折价债券。相反，如果利率下降，票息较高的债券可以高于其面值交易，从而形成溢价债券。债券的市场价格与其面值之间的关系对希望最大化回报的投资者至关重要。如果投资者以折扣价格购买债券，他们可以从票息支付和债券到期时以其面值赎回时的资本增值中获益。另一方面，以溢价购买债券意味着投资者的整体回报将较低，因为他们在债券到期时无法收回全额溢价。此外，债券的面值对发行债务的公司和政府也很重要。它使他们能够有效地管理融资策略。通过以特定的面值发行债券，他们可以预测未来的负债，并确保他们有足够的现金流来满足这些义务。这种可预测性对于维持投资者信心和确保稳定的金融环境至关重要。总之，理解债券的面值对任何参与债券市场的人来说都是至关重要的。它影响债券的定价、投资者获得的利息支付以及发行人的整体财务战略。对于投资者而言，认识到面值与当前市场条件之间的动态关系，可以为潜在的投资机会和风险提供宝贵的见解。无论是经验丰富的投资者还是债券市场的新手，掌握债券的面值的重要性都是做出明智投资决策的必要步骤。